China’s Xi Jinping to visit Saudi Arabia for 3-day visit: Report | CPT PPP Coverage
Cryptopolytech (CPT) Public Press Pass (PPP)
News of the Day COVERAGE
200000048 – World Newser
•| #People |•| #World |•| #Online |•| #Media |•| #Outlet |
View more Headlines & Breaking News here, as covered by cryptopolytech.com
China’s Xi Jinping to visit Saudi Arabia for 3-day visit: Report appeared on www.hindustantimes.com by Hindustan Times.
Chinese President Xi Jinping will arrive in Saudi Arabia on Wednesday for a three-day visit, his first to the world’s biggest crude oil exporter since 2016, Saudi state media reported on Tuesday.
The visit will include a bilateral summit chaired by Saudi King Salman and attended by Crown Prince Mohammed bin Salman, the kingdom’s de facto ruler, the official Saudi Press Agency reported.
Xi, head of the world’s second biggest economy, will also attend a summit with rulers from the six-member Gulf Cooperation Council and talks convening leaders from elsewhere in the Middle East, the state news agency said.
The Chinese leader’s arrival coincides with heightened tensions between Saudi Arabia and the United States over issues ranging from energy policy to regional security and human rights.
The latest blow to that decades-old partnership came in October when the OPEC oil bloc agreed to cut production by two million barrels a day, a move the White House said amounted to “aligning with Russia” on the war in Ukraine.
On Sunday, OPEC opted to keep those cuts in place.
Read more: Watch: What was stolen? Cars. Price? £700,000. And time? in just 60 seconds
China is Saudi Arabia’s biggest customer for crude oil, purchasing roughly a quarter of Saudi oil exports.
Beyond energy, analysts say leaders from the two countries are expected to discuss potential deals that could see Chinese firms become more deeply involved in mega-projects that are central to Prince Mohammed’s vision of diversifying the Saudi economy away from oil.
Those projects include a futuristic $500 billion megacity known as NEOM, a so-called cognitive city that will depend heavily on facial recognition and surveillance technology.
Xi last visited Saudi Arabia in 2016, the year before Prince Mohammed became first in line to the throne, on a trip that also featured stops in Egypt and Saudi rival Iran.
Prince Mohammed visited China and met with Xi on an Asia tour in 2019.
FEATURED ‘News of the Day’, as reported by public domain newswires.
View ALL Headlines & Breaking News here.
Source Information (if available)
This article originally appeared on www.hindustantimes.com by Hindustan Times – sharing via newswires in the public domain, repeatedly. News articles have become eerily similar to manufacturer descriptions.
We will happily entertain any content removal requests, simply reach out to us. In the interim, please perform due diligence and place any content you deem “privileged” behind a subscription and/or paywall.
CPT (CryptoPolyTech) PPP (Public Press Pass) Coverage features stories and headlines you may not otherwise see due to the manipulation of mass media.
First to share? If share image does not populate, please close the share box & re-open or reload page to load the image, Thanks!